If only PLDT asked nicely in the first place to purchase pldt.com and pldt.org from Mr. Kaimo...

THE PHILIPPINE Long Distance Telephone Co. (PLDT) said it has decided to drop its six-year domain and trade name dispute against Gerry Kaimo, owner of the "pldt.com" domain name, in exchange for the latter's agreement to turn over several domain names he owns.

"It was not a money settlement. PLDT decided to drop the case after Kaimo decided to turnover the pldt.com and pldt.org domain names to us," Ramon Isberto, PLDT spokesperson, told INQ7.net in a telephone interview.

Isberto also confirmed that PLDT entered into a compromise agreement with Kaimo sometime in March. "This [agreement] has been lodged with a local court," he added, noting that Kaimo is in the process of transferring the two domain names to the telephone company.